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Retirement Savings Credit

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  4. What is the AGI Limitation for claiming the Retirement Savings Contribution Credit?

What is the AGI Limitation for claiming the Retirement Savings Contribution Credit?

You are not eligible for the credit if your adjusted gross income exceeds a certain amount. You cannot take the credit if either of the following applies: The amount of AGI on Form 1040, line 38 ; Form 1040A, line 22; or Form 1040NR, line 37, is more than $28,250 ($42,375 if head of household; $56,500 if married filing jointly).

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